Houston triplex att. buyers · Wholesaling Real Estate

Joseph Ruiz

Apr 6 • Post Your Deals Here

Houston triplex att. buyers

3x plex cash flow opportunity

Got a hot deal

In the 77026

Triplex in Houston

Attached are the current rent roll and a trailing 12-month financial summary for the property.

This is a fully occupied triplex currently generating $3,600/month ($43,200 annually) in in-place rents. The asset is self-managed and operationally inefficient, which is reflected in the numbers and provides clear upside through rent normalization and utility optimization.

Unit Mix & Current Rents

• Unit A: 3 Bed / 3 Bath – $1,300 (Month-to-month; rent has not increased in over 4 years)

• Unit B: 2 Bed / 1 Bath – $1,150 (Month-to-month; rent has not increased in ~2 years)

• Unit C: 2 Bed / 1 Bath – $1,150 (Lease expires in 9 months)

Trailing 12-Month Financial Snapshot (Owner-Reported)

• Gross Rents: $43,200

• Taxes: $7,000

• Insurance: $2,700

• Water: $2,700 -$4480

• Electric: $8,400

• Net Operating Income (Approx.): $22,400

Figures reflect owner records and utility bills. Utilities are currently owner-paid; market standard supports tenant-paid utilities, which would materially reduce operating expenses. Market rent comps indicate current rents are below market, supporting upside through rent normalization.

There are no major property issues to note.

The property was appraised at $402,637. (2025)

Proof of Occupancy certification

We can offer it the Assignment at 290k -

Deposit

And seller pays all closing cost

Reach out to my team for more info a

(702) 875-6914 Javi

(208) 713-9200 Elaina

2 comments

Houston triplex att. buyers